Property

Philadelphia, PA 19148 138-40 Tasker St

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Presented By: KW Empower
  • MLS# PAPH2522406
  • 07/30/2025
  • Request Tour
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  • Beds • 13
  • Garage • 2

Home Details

Welcome to this exceptional new construction property located in the highly sought-after Pennsport neighborhood of South Philadelphia. This meticulously designed 7-unit building presents an incredible turn-key investment opportunity for savvy investors. Fully leased with stable tenants in place, this property offers immediate cash flow and hassle-free ownership. The building features 6 two-bedroom two bathroom units and one ADA compliant one bedroom unit, all with modern finishes and high-end touches. Open-concept living areas, tons of natural light, sleek kitchens with stainless steel appliances, and generously-sized bedrooms create an ideal living space for residents. Each unit is thoughtfully designed for comfort and style, making them highly desirable in this vibrant and growing neighborhood. Property Features: 7 fully leased units. Two dedicated parking spaces, a rare and valuable feature in this area Brand new construction, offering low maintenance and modern amenities Units are equipped with stainless steel appliances, in-unit laundry, and central HVAC Ideal location in Pennsport, a neighborhood known for its convenience and proximity to shopping, dining, and transportation. Investment Highlights: Fully leased with reliable rental income Excellent location in a thriving neighborhood with high demand for rentals. Strong rental market with minimal vacancy risk Two parking spaces included, adding extra value for tenants This is a truly turn-key investment opportunityno renovations, no tenant search, just immediate returns. Whether you're looking to add to your portfolio or make your first investment, this property offers a hassle-free and profitable option. Dont miss out on this prime real estate in one of South Philly's most desirable neighborhoods!
Presented By: KW Empower

Interior Features for 138-40 Tasker St

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterMulti-tank
Total Stories4

General for 138-40 Tasker St

Accessibility32 + wide Doors, 36 + wide Halls, Other
Architectural StyleContemporary
Cap Rate6.07
CityPHILADELPHIA
Construction Completed Y/NYes
Construction MaterialsBrick, Stick Built
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsDrive west on Tasker
Garage Spaces2.00
Garage Y/NYes
HeatingForced Air
Lease TypeYearly
Lot Size Square Feet2650.00
Lot Size UnitsSquare Feet
MLS Area19148 (19148)
ModificationTimestamp2025-07-30T14:22:43
MunicipalityPHILADELPHIA
Net Operating Income143427.00
New ConstructionYes
Number Of Units Total4
Number of Units Leased7
One Bedroom Units Count1
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 5, Unit 3, Unit 6, Unit 7
OwnershipFee Simple
Possession0-30 Days CD, 31-60 Days CD
Price Per Sq Ft Total AG357.14
Property ConditionExcellent
Property SubtypeOther
Property TypeMulti-Family
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeOther
Subdivision NamePENNSPORT
Tax Annual Amount1679.76
Tax Assessed Value120000.0
Tax Year2026
Total Actual Rent166080.00
Total SQFT7000
Two Bedroom6
Vacation Rental Y/NNo
ViewCity
Water Access Y/NNo
Year Built2024
Year Built SourceEstimated
ZoningRM1

Exterior for 138-40 Tasker St

# of Attached Garage Spaces2
Garage FeaturesGarage - Front Entry
Land Assessed Value120000.00
Lot Dimensions26x98
Lot Size Acres0.06
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces2
Type of ParkingAttached Garage
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Tina Torres

Broker/Owner
Price $2,500,000
MLS#PAPH2522406
List Date 07/30/2025
Property Type Multi-Family
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